5235 Virginia Ave, Los Angeles, CA 90029
5235 Virginia Ave, Los Angeles, CA 90029
5235 Virginia Ave, Los Angeles, CA 90029
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,990,000
Est. payment /mo
16 Beds
11 Baths
6,047 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,047 sqft

Price per Sqft $494

MLS Listing ID 26859501

Style Contemporary

Bedrooms 16

Year Built 2016

Lot Size 8,365 Sqft

Acres 0.192

Property Sub-Type Multi-Family

Property Description

Immediate cash flow meets future upside motivated seller! This exceptional quadruplex (5235, 5235 , 5237, 5237 ) is 100% occupied and generating income from day one. Built in 2016, this modern asset is exempt from Rent Stabilization Ordinances (RSO), giving investors unrestricted long-term rental growth potential a rare find in this submarket. Each unit lives like a private townhouse, with its own entrance, dedicated garage, and private balcony. The massive floor plans include one 4-bed/2-bath unit and three 4-bed/3-bath units, all with in-unit laundry a layout mix that's difficult to replicate at this price point. With zero vacancy risk, tenant-paid utilities, and low ongoing maintenance, this is a turnkey addition to any portfolio. Seller is motivated and open to creative financing structures or other terms; bring all reasonable offers.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dryer, Dishwasher, Microwave, Washer, Range/Oven

Laundry In Unit, In Closet

Exterior

Parking Features Garage, Driveway, Gated

Garage Spaces 9.0

Pool None

Building

Story 2

Architectural Style Contemporary

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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+1(424) 214-0133

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